Teri L. Robinson - 17 May 2024 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Role
Exec. Vice President
Signature
/s/ Teri L. Robinson
Issuer symbol
CPSS
Transactions as of
17 May 2024
Net transactions value
-$23,823
Form type
4
Filing time
21 May 2024, 16:32:27 UTC
Previous filing
04 May 2023
Next filing
12 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPSS Common Stock, no par value Options Exercise $261,000 +60,000 $4.35 60,000 17 May 2024 Direct
transaction CPSS Common Stock, no par value Tax liability $284,823 -33,119 -55% $8.60 26,881 17 May 2024 Direct F1
transaction CPSS Common Stock, no par value Gift $0 -26,881 -100% $0.000000* 0 17 May 2024 Direct
transaction CPSS Common Stock, no par value Gift $0 +26,881 +6.3% $0.000000 456,302 17 May 2024 Teri Lee Robinson Living Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CPSS Stock Option (right to buy) Options Exercise -60,000 -100% 0 17 May 2024 Common Stock, No Par Value 60,000 $4.35 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a "net exercise" of outstanding stock options. The reporting person received 26,881 shares of common stock on net exercise of option to purchase 60,000 shares of common stock. The reporting person forfeited 33,119 shares of common stock underlying the option in payment of the exercise price and tax liability, using the closing stock price on May 17, 2024 of $8.60 per share.
F2 Previously characterized as direct ownership.
F3 Became exercisable in four equal installments on 5/17/2018, 5/17/2019, 5/17/2020, and 5/17/2021.
F4 Issued in consideration of the named person's services to the issuer.